Tax hikes on cigarettes and alcohol to encourage smuggling, tradesmen union says
The recent rise in fixed tax from cigarettes and alcohol over the inflation rate will encourage smuggling, the head of the Confederation of Turkish Craftsmen and Tradesmen (TESK) BendeviPalandöken has said. Cigarette counterfeiting and smuggling have risen in recent years and the latest tax raises should be suspended to maintain the fight against such illegal activity, Palandöken warned in a written statement on Jan.“The latest tax increase on cigarettes will cause a rise in prices, resulting in a dramatic increase in smuggling. This will pave the way for one in four cigarettes being smuggled in the near future, raising from one in five cigarettes at present.
Related Posts
Liquor worth Rs 1.3 lakh seized in Navi Mumbai amid coronavirus lockdown.
Liquor worth Rs 1,31,750 had been seized, according to Sanjeev Dhumal, senior...
Man tried to sell £10,000 of fake goods from his car in A90 lay-by
A man has been fined after he was caught trying to sell almost £10,000 worth of...
FDA warns of fake anemia drug
THE Food and Drug Administration (FDA) is warning the public over the presence of...
Customs foils bid to smuggle in nine million sticks of cigarettes
The Royal Malaysian Customs Department thwarted an attempt to smuggle in nine...



